« previous next »

Author Question: A multiplant firm has equated marginal costs at each plant. By doing this A) profits are ... (Read 70 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
A multiplant firm has equated marginal costs at each plant. By doing this
 
  A) profits are maximized.
  B) costs are minimized given the level of output.
  C) revenues are maximized given the level of output.
  D) none of the above

Question 2

The potential for redistribution cannot be exaggerated.
 
  Indicate whether the statement is true or false


mk6555

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

F


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Levels of biological organization in a plant. Levels of biological organization in a plant.
Plant Plant
Plant Plant
3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid 3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid
Plant Biology Questions Plant Biology Questions
Body plan of a tomato plant Body plan of a tomato plant
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library